Regulatory Appointments Committee – actuary member

Application closing date: 16 July

The IFoA’s Regulatory Appointments Committee (RAC) acts independently of Council in relation to all regulatory decision making within its remit, in the public interest.

Its role is to make appointments to support the delivery of the IFoA’s regulatory function, namely to the IFoA’s Regulatory Board. All roles to be appointed under the Disciplinary and Capacity for Membership Schemes, to this committee and as otherwise, may be specified from time to time.

The committee has a diverse range of demonstrable experience in:

  • interviewing and appointments
  • diversity, equity, and inclusion
  • regulatory frameworks

Its experience in regulatory frameworks includes setting codes and standards relating to:

  • professional conduct and competence
  • discipline and enforcement
  • professional qualifications and assessments frameworks
  • public interest regulatory aspects of examination and admissions frameworks

The committee also has experience of peer professional, regulatory, and qualification membership bodies in the UK and internationally.

As a result of a planned retirement, we are seeking to hear from IFoA members keen to be considered for appointment to the committee.

In particular, we are looking for volunteers who can demonstrate experience of (either or both):

  • professional disciplinary and enforcement systems (conduct or fitness to practice)
  • international professionally regulated bodies

For more information about the committee, view its terms of reference (50 KB PDF).

 

What current volunteers say

Read RAC actuary member Jonathan Camfield’s LinkedIn post about volunteering.

 

Time commitment

There are 4 meetings held each year, typically by conference call. The time commitment for this equates to one half day per quarter.

In addition, all members participate in each appointment round, sifting candidates for interview, and 3 members will constitute interview panels. This time requirement varies from year to year. But in principle, applicants should be able to offer 2 to 3 days either for sifting or for interviews (typically held virtually).

 

Next steps

If you’re interested in this role but would like an informal conversation with the Committee Secretary or a committee member before applying, please contact engagement.team@actuaries.org.uk.

If you have read all the above and would like to apply, please send us:

  • brief details of your relevant experience
  • your reasons for wishing to get involved
  • a brief copy of your CV and full contact details (if you are a non-member)
  • confirmation that you have read, understood, and agree to the information and requirements laid out in our volunteer information pack (please be aware that until we have received this confirmation, we will not be able to appoint you as a volunteer)

Please email all the above to engagement.team@actuaries.org.uk. Please note, we are unable to accept late applications.

We are committed to promoting diversity, equality of opportunity, and inclusion, within all our vacancies and we actively encourage applications from a diverse range of potential candidates. Recognising and embracing the unique and diverse talents of our volunteers is fundamental to the success of our organisation.

 

What you need to know

Volunteering provides you with a wide range of opportunities. With all rights and opportunities come responsibilities and we ask all our volunteers to comply with the terms of the IFoA’s governance manual and volunteer information pack. Before offering to provide support, please read through: what you need to know.